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Marco Eikelenboom, CEO of Sappi Europe takes over as Chairperson of Cepi from his predecessor Ilkka Hämälä, CEO of Metsä Group. Cepi is a leading and influential trade association in the forest and bio-based industry sector. It is headquartered in Brussels, the capital of the European Union from where Mr. Eikelenboom will carry out his two-year tenure as Cepi’s chairperson.
Sappi has started a consultation process on the potential closure of its Lanaken Mill in Belgium, while also announcing that it has completed its consultation process on the possible closure of its Stockstadt Mill in Germany.
The persistent global economic downturn is proving to be much tougher than anticipated, putting significant pressure on Sappi. The company has closed its Stockstadt Mill, and has commenced consultation on the potential closure of its Lanaken Mill.
The persistent global economic downturn is proving to be much tougher than anticipated with depressed markets, geopolitical instability and weak economic growth combining to put significant pressure on Sappi, particularly in Europe.
A multimillion euro investment in biofuels has helped Sappi slash the carbon footprint of its Galerie range of papers.